Steve Feinberg’s big bets on war and weapons have gotten him into another financial mess – and this time his troubles are stoking concerns about potential conflicts of interest as he sits as an adviser to the White House. The billionaire gun enthusiast’s buyout firm – Cerberus Capital – took a hit this spring as...
Law360 (October 5, 2018, 9:05 PM EDT) — A New York appeals court has rejected a bid by Lynn Tilton and her company Patriarch Management to keep certain tax and financial information private in their dispute with a German lender. In a Thursday opinion, the court found a lower court was right in its ruling...
Please click on the link below to view a power point presentation on Qui Tam and the False Claims Act that may answer many of your initial questions and concerns about becoming a whistleblower to expose financial fraud in your workplace. Contact Berg & Androphy confidentially for more information or to ask specific questions...
In the ongoing struggle against healthcare fraud, government entities over the course of the last six months have taken one step forward and one step back. The step forward is the proposed rule by the federal Department of Health and Human Services Office of the Inspector General permitting the state Medicaid Fraud Control Units...
The Dodd-Frank Wall Street Reform and Consumer Protection Act encourages whistleblowers to step forward in response to fraud within the U.S. Financial Sector. The recently amended bill creates significant incentives including assurances of confidentiality and employment protections for those who provide information about violations to the Securities and Exchange Commission (SEC). Any whistleblower who...
Reproduced with permission. Published Apr. 18, 2018. Copyright 2018 by The Bureau of National Affairs, Inc. (800-372-1033) http://www.bna.com The story of a single whistleblower who took on three hospital networks and recovered millions of dollars in health-care fraud settlements is a cautionary tale for health-care providers that must learn to take internal fraud reports seriously....
By: Joel Androphy, Rachel Grier, and Stephanie Gutheinz Senator Claire McCaskill’s whistleblower protection amendment to the American Recovery and Reinvestment Act of 2009 includes provisions to ensure that employees are able to disclose waste, fraud, or mismanagement related to stimulus funds. The protections afforded by the McCaskill Amendment are in addition to the whistleblower protections provided by...
By: Joel Androphy, Rachel Grier, and Stephanie Gutheinz A district court in the Southern District of Texas recently held that nothing in the text of the FCA or its legislative history prevents employment-related retaliation claims from being arbitrated under a valid and enforceable arbitration agreement. Under the Federal Arbitration Act, a valid agreement to...
New financial reform legislation before Congress would allow an increase in multi-million dollar awards to whistleblowers. Ideally, this would create an environment where companies are pressured to report misconduct earlier and where whistleblowers will see the reward in bringing fraudulent activities to light. Under the new law, the Securities and Exchange Commission would be...
Editor’s note: Thanks to the False Claims Act, IRS-related fraud is being reported and exposed more than ever due to the brave efforts of whistleblowers – who then get rewarded for their actions. This older blog post is from our Qui Tam archives and is worth viewing and reading again. Tough economic times may...
